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Performance management is necessary for evaluating employee contributions from "summary" of Fundamentals of Management (For B.Com, BBA, BBM and BMS) by J.P. Pathak

Performance management is a critical process in evaluating the contributions of employees within an organization. It involves setting clear expectations, providing feedback, and assessing performance against predetermined goals and objectives. Through performance management, managers can identify both strengths and areas for improvement in employees' performance. By evaluating employee contributions through performance management, organizations can ensure that employees are aligned with the overall goals and objectives of the organization. This process helps in identifying high-performing employees who can be recognized and rewarded for their contributions, while also addressing perfor...
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    Fundamentals of Management (For B.Com, BBA, BBM and BMS)

    J.P. Pathak

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